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Get latest articles and stories on World at LatestLY. The two leaders affirmed their commitment to enhancing cooperation to combat terrorism. World News | PM Modi, Oman Sultan Strongly Condemn Terrorism 'in All Its Forms and Manifestations'.
India News: After gold prices rallied to a six-month high in the international market, analysts are looking at a similar run in the price of yellow metal here at
India Business News: After gold prices rallied to a six-month high in the international market, analysts are looking at a similar run in the price of yellow metal here at
Cost overruns for central infrastructure projects in India reached a six-month high in September, according to government data. The estimated cost of these projects was 21.92% higher in September compared to the original cost, with the government needing to spend an additional INR 4.5 lakh crore ($61.6bn) on projects valued at INR 150 crore and above. The time of completion also increased to 38.63 months in September, compared to 36.96 months in August. Railways and water resources were among the ministries facing the highest cost overruns.
The increase in new orders was the fastest since February 2021, owing to favourable demand conditions. The 400 respondents to the survey also indicated that advertising and new product releases were also a factor in rising new orders. The continuing uptick in manufacturing activity also lifted growth prospects. The index has averaged 57.9 in the first quarter of FY24.